Federal Register #SR-TXSE-2026-021

Texas Stock Exchange LLC Rule Change Expanding Incentive Program for ETP Liquidity

This opportunity involves a proposed rule change by the Texas Stock Exchange LLC, published by the Securities and Exchange Commission (SEC). - Government buyer: - Securities and Exchange Commission (SEC) - Texas Stock Exchange LLC (regulated entity) - No OEMs or vendors are mentioned, as this is a regulatory notice rather than a procurement request. - Products/services requested: - No products or services are being procured; the notice pertains to a rule change affecting the Exchange's incentive program. - Notable requirements: - The rule change expands the Warrant Performance Incentive Program to include Exchange-Traded Products (ETPs) as Liquidity Improvement Symbols and High-Volume Symbols. - The program aims to incentivize liquidity provision in ETPs, potentially improving market quality and competition. - Eligibility requirements and mechanics for program participants are detailed in the notice. - The rule change is effective immediately and is part of ongoing efforts to enhance liquidity programs. - No purchase quantities, part numbers, or contract values are listed.

Description

The Texas Stock Exchange LLC filed a proposed rule change with the Securities and Exchange Commission to amend its Warrant Performance Incentive Program. The amendment adds Exchange-Traded Products (ETPs) to the definitions of Liquidity Improvement Symbols and High-Volume Symbols. This change aims to provide additional incentives for liquidity provision in ETPs on the Exchange, potentially improving market quality and competition. The rule change is effective immediately and is part of the Exchange's efforts to enhance its liquidity programs.

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